The move comes after both Bank of America/Merrill Lynch and Morgan Stanley announced efforts to move away from the practice.
Central-bank liquidity injections have helped to lull the U.S. stock market into a sense of complacency. That could come to an end this year, says a Wells Fargo analyst.
A House Republican proposal to repeal the banking crisis-era Dodd Frank Act would slash the federal budget deficit by $24 billion over a decade, according to the Congressional Budget Office.
Nokia's IP battle with Apple could be a bigger near-term concern than the iPhone maker's fight with Qualcomm.